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In A First, Bank Of America Sells Bonds To Fund Coronavirus Response
Friday, May 15, 2020 - 5:10am | 203Bank of America Corporation (NYSE: BAC) has sold $1 billion in a corporate bond offering to raise funds for efforts against the novel coronavirus (COVID-19) pandemic, MarketWatch reported Thursday. The Charlotte, a North Carolina-based banking giant, is the first major financial services company in...
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PayPal Raises $4B In Debt Offering As Business Surges During Pandemic
Tuesday, May 12, 2020 - 12:10am | 401PayPal Holdings Inc. (NASDAQ: PYPL) on Monday announced that it raised $4 billion in a corporate bond offering. What Happened The digital payments company's 10-year bonds, with an aggregate principal amount of $1 billion, were priced at 160 basis points over the Treasury's under the deal to...
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Nidec Files A Shelf Registration To Raise 200 Billion Yen
Monday, March 28, 2016 - 7:30am | 117Nidec Corporation (ADR) (NYSE: NJ) announced a new shelf registration to "enhance the Company's flexibility and agility" in obtaining financing. Nidec plans on raising up to 200 billion Yen, or approximately $1.76 billion. The company noted it plans on using the proceeds for equipment and machinery...